More than half of the business was in favor of a "new economic model"

About 77% of Russian companies have already adapted to the sanctions or hope to do so,at the same time, the majority considers government measures to support business to be insufficient

Most Russian companies have already adapted to work under sanctions or hope to achieve such a result in the near future. This is stated in the "Monitoring of the current state of business in Russia", conducted by the office of the Commissioner for the Protection of the Rights of Entrepreneurs Boris Titov of the Institute for Economic Growth. Stolypin (available from RBC).

The sanctions affected the majority of Russian companies - 86.8%. Of these, 77.4% have either already adapted to work in the new conditions, or hope to adapt to the sanctions. However, 11.7% of companies failed to do this and are forced to completely or partially stop the business. The situation in business is assessed negatively by the majority of entrepreneurs: 67.1% of business indicators are falling, of which 12.8% admitted that they are already in a crisis, and 22.4% "balance around zero." Only 10.4% of the businessmen surveyed said that their business is stable and continues to grow. At the same time , 34.7% positively assessed the government's actions to support business as calm and effective, more than half - 56.4% - assess them as insufficient. The same number of businessmen - 56.4% - believe thatthe economic situation in the country is difficult and forces "to abandon cosmetic changes and radically change the rules of the game." RUSSIA needs a new economic model that will allow businesses to “operate comfortably, profitably and safely.” Less than 4% are extremely pessimistic and believe that "there are no prospects."

The monitoring was attended by managers and owners of 6003 companies from 85 constituent entities of the Russian Federation.

After the start of a special military operation in Ukraine, the Russian economy came under unprecedented sanctions pressure, and now the EU is developing the sixth package of sanctions, which discusses the oil embargo. The largest Russian banks, assets of the Central Bank, large enterprises of the leading sectors of the economy, the air transportation sector and many others fell under the sanctions.

24.02–24.05. Infographic Politics

After the start of the military operation, President Vladimir Putin held a meeting in the Kremlin with CEOs and owners of large businesses. The President has repeatedly taken initiatives to give freedom to business so that it can adapt to new conditions. On April 25, Putin said that against the background of Western sanctions, it is necessary to protect business from "excessive, unreasonable, unnecessary" control.

“We must calmly let both domestic entrepreneurs and those foreign companies that, in spite of everything, continue to fulfill their obligations in good faith,” the president said at the time.

Prior to that, he instructed the government and law enforcement agencies to reduce the regulatory and administrative burden on business. Prime Minister Mikhail Mishustin, HEAD of the Federal Security Service Alexander Bortnikov, head of the Interior Ministry Vladimir Kolokoltsev, head of the National Guard Viktor Zolotov, head of the Prosecutor General's Office Igor Krasnov, head of the Investigative Committee Alexander Bastrykin and acting head of the Ministry of Emergency Situations Alexander Chupriyan were appointed responsible for the execution of the order.

It was instructed to make reports on this topic before June 1 and then every six months.

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